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Differentiation of European Households Living in Rural Areas Including Subjective Assessments of their Financial and Economic Situation-Comparative Analysis

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  • GRZYWIŃSKA-RĄPCA, MAŁGORZATA

Abstract

Subjective assessments of the financial situation of households are a measure that is increasingly used in comparative analyses of living conditions and quality of life, as well as satisfaction with the economic and economic situation. Due to the fact that assessments of financial situation are highly individual and subjective, it is important to emphasise that different households may assess their situation differently, even under similar economic conditions. The material in this study was secondary data collected and published by Eurostat on households living in rural areas. The aim of this study was to answer the question: (1) whether the diagnostic variables adopted for the analysis statistically significantly differentiate European households and (2) whether the clustering effect in 2015 and 2022 is the same. To analyze the diversity of diagnostic variables, Mahalanobis measures of observation immersion in the sample were used. The analysis made it possible to evaluate the analysis of spatial diversity of European households living in rural areas and to distinguish groups of countries showing similarities due to the diagnostic variables adopted for the analysis.

Suggested Citation

  • Grzywińska-Rąpca, Małgorzata, 2023. "Differentiation of European Households Living in Rural Areas Including Subjective Assessments of their Financial and Economic Situation-Comparative Analysis," Roczniki (Annals), Polish Association of Agricultural Economists and Agribusiness - Stowarzyszenie Ekonomistow Rolnictwa e Agrobiznesu (SERiA), vol. 2023(4).
    • Handle: RePEc:ags:paaero:340075
    DOI: 10.22004/ag.econ.340075
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    1. Waqas Ali & Rehman Javaid & Shujahat Ali3 & Yasir Akram & Ayaz Ul Haq, 2019. "Infl Uence Of Life Events On The Financial Satisfaction Of Individuals," IBT Journal of Business Studies (JBS), Ilma University, Faculty of Management Science, vol. 15(1), pages 15-10.
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